Below is a headline summary of our Weekly African Footprint. Please click here for more detailed reports. It includes the following:
Quick summary table displaying the performance of all the African Stock Exchanges and African currencies on a WTD and YTD basis. Summaries of the keys markets and relevant economic and corporate news.
Do not hesitate to contact us should you require further information.
• Botswanas Choppies to list on JSE
• Orascom, Bombardier to build $1.5 bln monorail in Egypt
• Egypt's GB Auto says shareholders take up $125.8 mln cash call
• Egypt's GASC seeks wheat for June shipment
• Egypt to attract 20 pct more tourists this year
• Egypt issues tender for second LNG import terminal
• Egypt has bought 1.6 mln tonnes of local wheat so far
• World Bank lends Egypt $500 mln for social housing project
• Egypt's 9-month budget deficit 9.4 pct of GDP -finance ministry
• Ecobank scales up agric credit
• Cocoa rallies on Ghana supply concerns, white sugar falls
• T-bills rate slide persists
• KQ now seeks rich partner, ditches Dreamliners
• High operating costs hurt Crown Paints net profit
• Kenya's Nation Media names East African Breweries exec as CEO
• Kenya's KCB group says Q1 pretax profit up on higher interest income
• Kenya's Safaricom plans network expansion after earnings rise
• NSE ranked second-best exchange in Africa despite foreign investor outflow
• Kenya to get Sh3.5bn loan from World Bank
• Kenyan shilling falls, central bank targets speculators
• Kenya's central bank holds benchmark lending rate
• Kenya regulator opens takaful market to conventional insurers
• Foreign firms told to cede 30 pc stake of contract value
• Malawi Economy to Grow 5.4% After Floods, Mutharika Says
• Transcorp announces N2.57bn pre-tax profit for Q1
• Dangote Sugar Records N22bn Revenue in First Quarter
• Dangote Cement Expends N217bn Pan-African Expansion
• Unilever Begins New Edition of Knorr Taste Quest
• Nigeria's Dangote Cement to start production in Tanzania
• AshakaCem Shareholders Approve 45kobo Dividend
• Shell declares force majeure on Nigeria's Forcados crude exports
• Fidelity Bank Targets 10% Loan Growth in 2015
• Access Bank to Deepen Retail Banking Reach
• Nigerian Breweries Pays N126bn Dividend in Five Years
• Nigeria to sell N60bn in bonds on May 13
• Nigeria gobbles up half its annual borrowing allowance
• Nigeria slashes fuel subsidy following oil price slide
• CRDB mulls rights issue to fund expansion
• Vodacom Tanzania Plans $100 Million Expansion in Rural Areas
• DSE market turnover drops significantly
• Shilling depreciation hurts Dar bourse
• DSE trading to go digital next month
• Tanzania raises petrol, diesel prices, cuts kerosene
• Engineering Institution of Zambia Properties to list on LuSE
• Pamodzi Hotel opts out of LuSE
• Zimplats profit up 133pc to $6,8m
• CFI Holdings operating loss widens
• RioZim Seeks Partnerships for $2.1 Billion Zimbabwe Power Plant
• RioZim awaits rights issue approval
• Mwana Africas largest shareholder reduces stake amid legal dispute
• Econet launches EcoCash Savings Club, looks to offer smarter way to save
• ZSE performance depressed
• Zimbabwe to import 700,000 tonnes of maize after poor harvest
• ZDTC unveils $10 million equipment from India
• Mining sector owes CSOT $138 million